Divgi TorqTransfer Systems Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 565.65 million compared to INR 635.72 million a year ago. Revenue was INR 616.12 million compared to INR 646.47 million a year ago.

Net income was INR 104.33 million compared to INR 122.21 million a year ago. Basic earnings per share from continuing operations was INR 3.41 compared to INR 4.44 a year ago. Diluted earnings per share from continuing operations was INR 3.41 compared to INR 4.44 a year ago.